Hi chilebean-ga
India is fast developing into an Information Technology superpower. In
1999 Government of India has passed "Information Technology Bill".
Government of India’s IT Policy does encourage foreign investment in
the technology sector.
According to NASSCOM, (National Association of Software and Services
Companies of India), a leading IT body:
" A foreign company or individual planning to set up business
operations in India can do so as under:
- As a foreign company through a Liaison Office / Representative
Office, Project Office or a Branch Office
- As an Indian company through a Joint Venture or a Wholly Owned
Subsidiary
- Foreign Company is one that has been incorporated outside India
and conducts business in India. These companies are required to comply
with the provisions of Companies Act, 1956. "
"Setting up IT Software and Services operations in India" - NASSCOM
http://www.nasscom.org/business_in_india/setting_itco.asp
Find the Lists of the Laws and Regulations governing IT Investment in
Indian IT sector including Custom Duties, Income Tax Issues and Cyber
Laws at:
http://www.nasscom.org/business_in_india/laws_regulations.asp
Ministry of Communication & Information Technology's official site (
http://www.mit.gov.in/itfriend/ipcell3.htm ) also gives details about
the Foreign Investment Policy and guidelines. You could also refer to
individual state's IT policies at:
http://www.mit.gov.in/itfriend/stateit.htm
For More Information Read:
“Official website of Software Technology Parks of India (STPI), is a
society set up by the Ministry of Information Technology, Government
of India in 1991, with the objective of encouraging, promoting and
boosting the Software Exports from India.”
http://www.stpi.soft.net/
“Details on Information Technology Act of India”
http://www.indiainfoline.com/lega/inte/index.html
Search Strategy:
information technology investment india
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information technology bill india
://www.google.com/search?sourceid=navclient&q=information+technology+bill+india
Hope this helps
OnlinExpert |
